Community National Bank 401k Plan — Form 5500 plan (Community National Bank)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Community National Bank 401k Plan is a benefit plan reported by Community National Bank under EIN 75-1829272 and plan number 002. The latest loaded filing year is 2023. The filing reports 306 participants and $26,709,251 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Community National Bank
- EIN
- 75-1829272
- Plan number
- 002
- Plan type
- 2
- Location
- Midland, TX
- Latest filing year
- 2023
- Participants
- 306
- End-of-year plan assets
- $26,709,251
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 306 | H, C | 20241009163828NAL0037714546001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,709,251
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,709,251
- Net assets (BOY)
- $22,763,297
Income & contributions
- Employer contributions
- $697,910
- Participant contributions
- $1,051,032
- Total contributions
- $2,378,609
- Total income / additions
- $5,408,964
Expenses & distributions
- Benefits paid
- $1,352,510
- Administrative expenses
- $103,901
- Total expenses
- $1,463,010
- Net increase / (decrease)
- $3,945,954
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Advisory Group LLC | N/A | $45,155 | not reported in the loaded dataset | 2023 |
| Raymond James Financial Services | N/A | $39,292 | not reported in the loaded dataset | 2023 |
| Pentec Pension Mgmt | N/A | $8,167 | $10,000 | 2023 |
| Empower Annuity Ins Co Of America | N/A | $13,212 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Community National Bank
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Midland, TX
- Empower Advisory Group LLC — Schedule C compensation
- Raymond James Financial Services — Schedule C compensation
- Pentec Pension Mgmt — Schedule C compensation
- Empower Annuity Ins Co Of America — Schedule C compensation